J.P. Morgan Hires UBS’s Senior Prime Broker in Asia

WSJ – J.P. Morgan Chase & Co. has named a new head of prime brokerage account management for Asia Pacific, as investment banks jostle to win business in the region’s growing hedge-fund industry.

Chris Barber, who joins the U.S. bank as a managing director, was previously head of prime brokerage account management for Asia Pacific at UBS AG, according to an internal memo seen by MoneyBeat on Wednesday. He will be based in Hong Kong.